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NEWS TAGGED CHIPS + COMPONENTS
Wednesday 31 July 2024
Intel to cut thousands of jobs to reduce costs, fund rebound
Intel Corp. plans to eliminate thousands of jobs to reduce costs and fund an ambitious effort to rebound from an earnings slump and market share losses.
Wednesday 31 July 2024
MCU firm Holtek sees flat revenue, margin in 3Q24
Recognizing the persisting headwinds in the current MCU market conditions, Holtek Semiconductor expects flat sequential revenue and gross margin growth in the third quarter of 2024...
Wednesday 31 July 2024
ACM launches Ultra C vac-p flux cleaning tool for chiplets, breaking into FOPLP market
ACM Research has introduced its Ultra C vac-p flux cleaning equipment, specifically designed for fan-out panel-level packaging (FOPLP). This new tool employs vacuum technology to...
Wednesday 31 July 2024
Faraday expects 10% revenue growth in 3Q24
Faraday Technology, a Taiwan-based provider of fabless ASIC services and silicon IP, anticipates a sequential increase in revenue of approximately 10% in the third quarter of 2024...
Wednesday 31 July 2024
Yageo sees AI drive passive component demand
Yageo believes AI will fuel passive component demand, with operations improving further in the third quarter of 2024.
Wednesday 31 July 2024
Orbray outlines 2029 IPO plan buoyed by diamond substrate opportunities
Japan-based Orbray plans to go public by 2029, aiming to raise up to JPY 10 billion. The company intends to strengthen production at its Akita factories and targets JPY 40 billion...
Wednesday 31 July 2024
Macronix expects NOR flash sales to return to growth in 2H24
Chipmaker Macronix International expects its NOR flash sales to return to a growth track in the second half of 2024, with a recovery in prices.
Wednesday 31 July 2024
Biden administration responds to packaging and testing industry as Amkor receives subsidies from CHIPS Act
The Biden Administration has announced that the CHIPS and Science Act will subsidize US$400 million to help Amkor, the largest semiconductor packaging and testing company in the US,...
Wednesday 31 July 2024
Micron starts shipping 9th-gen TLC NAND in SSDs
Micron Technology has announced that it is shipping ninth-generation (G9) TLC NAND in SSDs, making it the first in the industry to achieve this milestone.
Wednesday 31 July 2024
Samsung earnings report surges in Q2 revenue and profits amid strong display sales
Samsung Electronics announced its financial results for the second quarter of 2024, reporting revenue of KRW74.07 trillion (approximately US$53.3 billion) and an operating profit...
Wednesday 31 July 2024
PTI gearing up for AI SoC boom with FOPLP
Backend house Powertech Technology (PTI), with its fan-out panel-level packaging (FOPLP) technology, is targeting AI SoC market potential, and expects AI-related revenue to account...
Wednesday 31 July 2024
GaAs foundry Win Semi expects revenue to drop in 3Q24
Win Semiconductors (WinSemi) expects to post a single-digit sequential revenue decrease in the third quarter of 2024, due to slowing demand from China's Android smartphone market.
Wednesday 31 July 2024
Meta-Nvidia CEO conversation illustrates AI competition
Jensen Huang, CEO of Nvidia, and Mark Zuckerberg, CEO of Meta, recently engaged in a rare public discussion regarding the implementation of AI advancements, as well as the latest...
Wednesday 31 July 2024
IDMs underperform in 2Q24, indicating automotive IC weakness
Financial data from leading European and American integrated device manufacturers (IDMs) indicate that the automotive semiconductor market is underperforming, with weaker demand than...
Wednesday 31 July 2024
AMD MI300 quarterly revenue surpasses US$1 billion, revises upward data center GPU revenue for 2024
AMD announced that its MI300 revenue reached US$1 billion in a single quarter.